Newt Gingrich and his minions have been putting out a mean campaign against Mitt Romney, focusing on his history at Bain Capital. It's actually pretty shocking- Democrats timidly suggesting Wall Street regulation and a 4% increase in the top marginal tax rate have been accused of engaging in "class warfare" by Republicans, but now we have Gingrich putting out a 30 minute video filled with heart-rending stories of regluar people whose work lives were ruined by Bain layoffs. I particular love the line that Bain's "greed was matched only a willingness to do anything to make millions in profits.” Although that is nonsensical, it's a lot closer to class warfare than anything President Obama has said in the past few years.
So why did Gingrich do it? On the surface it seems like the right winger is flip-flopping and has moved to the Left, and the GOP elites are reportedly livid about this line of attack, which could hurt Romney greatly in the general election.
I think the answer is that Gingrich is in a frothing rage at Romney over the negative ads put out by Romney's super-PAC allies in Iowa, which basically sunk Newt's campaign. There's no question that Newt was trying to run a positive campaign (vis a vis the other Republicans anyway; he's quite willing to be outrageously negative and misleading about Obama), but when he took the lead and started threatening Romney's front-runner status, the gloves came off and Romney just wiped him out with negativity.
I think Newt sees this as payback. He was trying to play by what he thought were the rules. Then Romney changed the rules at the last minute, without giving Gingrich the time to make it up in Iowa. Now Gingrich is finished, but he wants to take Romney down with him. Why should he just give up when he's been screwed over?
It's just hard to believe that Newt Gingrich is about to become a redistributionist social democrat. This is just him shooting wildly, trying to wound in order to satisfy his rage. Well, nobody ever said Newt Gingrich had the temperament to be president.
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